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Nonprofit · EIN 23-7124317

CLOUD CAPPER FLYING CLUB INC

Tax-exempt (reinstated) · SALISBURY, NC 28144

Financials

$47K$45K2025
Revenue Expenses · by fiscal year end
Financials of CLOUD CAPPER FLYING CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$47,388$44,720$2,668$200,991$21,166$179,825
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Membership dues
$20,110
Program service revenue
$0
Investment income
$1,034
Other revenue
$26,244

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Occupancy
$20,697
Printing, publications and postage
$85
Other expenses
$23,938
Program services (functional)
$26,244

Balance sheet and other

Total assets, start of year
$174,693
Total assets, end of year
$200,991
Total liabilities, end of year
$21,166
Net assets, end of year
$179,825
Cash, savings and investments
$50,991
Gross receipts
$47,388

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Thomas ParettePresident1$0
Robert WalkerVice President1$0
Jeffrey JonesSecretary1$0
Lawrence MaconTreasurer5$0

Address and contacts

Address (IRS master file)
226 CAMELOT DR, SALISBURY, NC 28144-9414
In care of
% LAWRENCE T MACON
Mailing address (990-N for 2024)
226 Camelot Drive, Salisbury NC 28144
Principal officer (990-N for 2024)
Larry Macon, 226 Camelot Drive, Salisbury NC 28144
Signed the 990-EZ
Lawrence Macon, Treasurer
Phone
(704) 798-2208

Mission

Provide members with flight education, training and recreation.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Maintain flight proficiency - 14 members benefited
    Expenses $9,527
  • Provide safe recreational flight and promote interest in flying - 14 members benefited
    Expenses $10,707
  • Enhance flight education for those members interested - 5 members benefited
    Expenses $6,010

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024No data

IRS record

EIN
23-7124317
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$200,991
Income (IRS master file)
$47,388

Revocation and reinstatement

Exemption revoked
May 15, 2011
Posted by the IRS
February 22, 2012
Reinstated
Effective May 15, 2011

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025–––IRS
990-N for 2024
Officer: Larry Macon
December 31, 2024≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about CLOUD CAPPER FLYING CLUB INC

What is the EIN of CLOUD CAPPER FLYING CLUB INC?
The employer identification number (EIN) of CLOUD CAPPER FLYING CLUB INC is 23-7124317.
Is CLOUD CAPPER FLYING CLUB INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2011 and reinstated it effective May 15, 2011.
Are donations to CLOUD CAPPER FLYING CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CLOUD CAPPER FLYING CLUB INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of CLOUD CAPPER FLYING CLUB INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CLOUD CAPPER FLYING CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of CLOUD CAPPER FLYING CLUB INC?
The 990-N for 2024 names Larry Macon.
Who are the officers and directors of CLOUD CAPPER FLYING CLUB INC?
The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does CLOUD CAPPER FLYING CLUB INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $47,388, expenses of $44,720 and total assets of $200,991 at year end.

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